Skip to main content

About your Search

20121201
20121231
STATION
CNBC 30
CNNW 9
CSPAN2 8
FBC 5
MSNBCW 5
CSPAN 3
KPIX (CBS) 2
KRON (MyNetworkTV) 1
WBAL (NBC) 1
WMAR (ABC) 1
LANGUAGE
English 67
Search Results 0 to 49 of about 67 (some duplicates have been removed)
troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just mentioned, indeed, the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a nor
deliver a major boost to u.s. economic growth. i realize that many of our colleagues have different priorities when it comes to fixing our broken immigration system, but the reforms contained in the stem jobs act enjoy bipartisan support. so i would urge my colleagues, let's show the world that we can agree on this common sense, bipartisan immigration reform. let's do something for our economy and let's take this first step in our broken -- solving our broken immigration system. now, let me say, before i turn the floor over to my colleague from kentucky, who i know has some comments on this topic, let me address two issues quickly and that is, i can anticipate hearing from some of our colleagues, this doesn't solve all of what's broken in our immigration system and i concede that that's correct. but what we need more than anything is to develop some confidence-building measures for the american people to demonstrate that we can come together, republicans and democrats alike, and do what needs to be done, which everybody -- almost everybody agrees is common sense, and then we can fol
is hitting and the big impact on travel. >>> plus, the latest on yet another major storm taking aim at the u.s. >>> the cliffhanger over the budget impasse in waington. tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you? "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm natalie morales in tonight for brian. and we begin with serious winter weather that is moving east. rain, snow and wind that is snarling a lot of travel plans for those trying to make it home from holiday travels. it is the same storm system that is responsible for at least three deaths and spawned record-setting tornado
fit and she stays active. >> just part of a taxpayer funded ad campaign from the u.s. department of agriculture encouraging seniors to get on food stamps because they will make you look better. we have more news on the food stamp front that will make you angry and that's later in the show. with the tax and fiscal cliff looming 21 days from now, is there a reason for even some slight optimism this evening? joining us now in studio, we welcome distinguished house members carolina maloney of new york and larry kudlow's house member in manhattan. and the republican from arizona. as always, welcome to both of you. dave, let me ask you this. i'm hearing a lot of this that there is a strategic retreat by the republican party. 57b and that they are not either in the house or senate going to block the middle class stax tax cuts which proliferate in terms of the bill. is that true, sir? >> i haven't been invited into the strategic retreat caucus. look. i hear more on the news than i ever actually come across in reality in d.c. so far, i do not see a willingness, particularly on the conserv
doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be signaling differences. we have karen b and sara fagan herself a former political director. i know what it means. no tax rates above $1 million. no tax hikes but why did bay nor decide to do that. what signal is he sending? >> i think what he is telling the president is look, i appreciate you coming around on this, i appreciate you giving, it is not enough. and i'm going to go to the floor and show you, that $400,000 is not a deal republicans are going to accept. the other thing that occurs that, is it is important for hi
. >> on more than 300 flights had been canceled in and out of the u.s. this morning. we were crossing our fingers here in the bay area so far we have no delays here. to get you more news faster we will turn to mike pelton who is live at s f o. >> a lot of people are trying to get out early to beat the rush. but they are not having any luck. it is a lot of congestion here at as a foe. and lot of travelers are coming here and this is officially signaling the end of their holiday. thousands of passengers are headed home as they spent christmas with their family and friends. everyone that i spoke with stated that it was a perfect day. >> i went to the movies and i had drinks and i played darts with my friends. >> it's back to the daily grind. >> good nose for travelers. right now there are no delays coming in or going out as at all. this can change as whether rosa in here in san francisco and across the country. we will continue to monitor the other delays. >> a san francisco woman will be arraigned today on charges of the hit killer manslaughter that killed one pedestrian and ended at two ot
headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow. the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell getting golden endorsement from goldman sachs today. the investment bank upgraded the struggling computer-maker saying the stock has been oversold. the dell shares rose by 4% over that news. to our top story tonight, speaker boehner and house republicans are rolling out their fiscal cliff counteroffer to the white house. includes $800 billion in new tax revenue. that is roughly half what the president was aiming for. 300 billion in discretionary spending cuts. 900 billion in mandatory spending cuts. now the white house responding just moments ago saying quote, the republican letter released today does not meet the test of balance. they don't like it. i'm joined by dan mitch chill from the cato institute for more on this. dan what do
is exported all around the world. they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s. economy is, the more that china will export. that means jobs for the chinese people. >> when you talk to leaders, how much are they actually were it about united states? -- worried about united states? >> i think united states is incredibly important to china, and recognize that. not only in very practical ways, but in another way, more psychological. there is a 150 year history were china has been trying to check itself up in big shin itself upr status. there is this lingering psychological mindset of china being victimized by the great powers. it is kind of a struggle
: we are going to talk about apple. they will bring some manufacturing home for the u.s. charles: about $100 million in 2013. we know that is a tiny, tiny, tiny, tiny amount of what they spent on fraction. i think this public opinion thing about bashing these companies that do not do certain manufacturing in america, it is somewhat misguiding. the same critics who are now saying we not stop back here were saying we were exporting the rest of the world. now, we are saying bring those jobs here. you cannot bring them back at the same wage. i do not think we have a responsibility to create a certain kind of job, but we have a responsibility to create jobs. if you want those chinese jobs, you can have them. dagen: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still cr
's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were go
the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of jockeying that needs to be done, even if we have a deal put forth. >> interesting what the market is pricing in. we thought the market wanted a grand deal. clearly, dennis you willing to put up with a band-aid. >> i have been surprised how static it has been, the stock and the bond markets, carl. i think the market, i think, has internalized that idea we are just going to shuffle along for a period, the beginning of january. then for another six to nine months. the bigger question really becomes beyond the equity market in particular, becomes the real functioning economy of this country. we are going to be stuck again. we went through sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morni
saying the differences in the u.s. congress over the fiscal cliff could be settled if. that's what he's really saying in this press conference in damascus. the elements are there under plan world powers agreed to back in jeune. but, of course, getting agreement if there fr. the assad side and the rebels the and the government, that's a tall order. he's an experienced negotiator. there seems to be some momentum with a flurry of talks and shuttle-type dip ploemmy but he still said and lamented syria is deteriorating rapidly. and as he said there's no u.s./russian plan. there may be discussions on options. can will there a transitional government formed and then elections but we're still not at that stage yet, suzanne. >> do we think he's bringing anything to the table that kofi annan did not who failed in brings these sides together? >> yes. and in failed, it may be a matter of timing. certainly the matter of violence has an eastbound. 40,000 report lid dead. brahimi has not had that success either but he's plugging away. he's been the man in the field from the u.n. from haiti to yemen.
. the only place you have it is overseas. europe looks stable compared to the u.s. right now what does that say about our dysfunctional system? it says our dysfunction is our competitor's advantage in this market and that is sad. >> amen to larry. that was well said. i don't think i can add anything. >> for the average investor watching right now, any advice? >> no. i think that what's going to happen is there will be refl reflexive knee-jerk reaction higher if one of those two things i said happen. the market was up quite a bit since mid-november. the small-cap his been up 9.5% until the sell-off and they'd given a lot of that back, but there was a lot of good feelings priced in, and to me it's not that awful for us to take some of that off. i think the next month will be choppy and whipsaw, but 2013, there are a lot of good things going, housing market, china, japan. i would buy some things. >> guys, got to cut you off. larry, you'll get more time next time, promise. see you later, jim. >>> we're all over the fiscal fiasco. tune in to cnbc this sunday night. yep, we're working the we
to decline .1%. u.s. sales are seen falling by .8% while europe is expected to tick slightly higher. this was a big deal last month when they came out for their comps. it disappointed for the first time in years and years. people will be watching this number very closely to see if the consumer is still feeling good, to see if mcdonald's's managed to get that mix right. there were concerns that they put too many things on the dollar menu. they said last month they would be changing that. whole see what happened. shares of mcdonald's year-to-date, they have come down quite a bit. >> you only read two. why do i have to read this? >> i read three. >> weight watchers, possible cases of insider trading. reuters say i resemble this. reuters say authorities are investigating hedge fund for insider trading in weight watchers. s.a.t. had taken a sizable position in the stock. cohen fund briefly held 2.1 million shares under scrutiny by authorities. at which time the stock price roughly doubled. in other huj fund news, john paulson said friday that his funds experienced mixed returns in novemb
hospitalized since early december. senator inouye who served in the u.s. house in 1959 before being elected to the senate in 1962 was serving his ninth term in office after winning their reelection in 2010 was 75% of the vote. a winner of the distinguished service cross for heroism, senator inouye lost his right arm in combat during world war ii. he later received a medal of honor along with another number of japanese american soldiers. from bill clinton in 2000. here is a conversation with the senator from 2008. >>> welcome to the latest interview in the united states capitol historical society's series of oral history interviews to the economy former member of congress from connecticut and i am the president of the united states capitol and historical society. this interview with senator daniel inouye is part of a special series featuring asian-pacific members of congress. in these interviews current and fellow members have relived their memories of people, places and events that have shaped their public career. it is our hope that these recollections will provide listeners with a deeper
in the u.s. hsbc is accused of transferring billions of dollars for nations like iran doing business with firms linked to terrorism and enabling mexican drug cartels to move money illegally through u.s. subsidiaries. the settlement represents the largest pen the ever paid by a bank. >>> now pot is officially legal in colorado. people 21 and older may have up to 1 ounce of weed, smoke it, not in public and grow a small amount at home as well. the governor has created a task force to help implement the law. here's the problem. it's complicated. the federal government still says marijuana is illegal. >> rocky mountain high. i'll be the billionth person to say that. >>> countdown to double secret lift jop. the space plane is cleared to lift off at 1:05 p.m. eastern time from cape canaveral. this is an unmanned reusable mini verlgs of the space shuttle. it lifts off vertically and lands on auto pilot on a runway. no one knows what it's carrying. the cost to develop it, that is also classified. >> we're calling it a spooky space launch. >> it's about a forth of the size of the space shuttl
and putting it to work. the u.s. economy is simply much stronger than we thought just a few quarters ago. second, these deals show that there are ceos who are willing to give up or share their empires in order to make money for their shareholders. oh, cramer, these people are so rich. i know they're not sacrificing financially. that's not the point. the target ceos will all do well but these guys are empire builders. finally, even as the sale of the stock indicates in a symbolic way, these deals show the companies are listed -- that are listed themselves are often worth far more than they're currently trading for. that's not an aberration. it happening marketwide. think about it. we have a financial brokerage company, right, stocks and oil service company, a tech concern and an insurer's business bringing out value virtually overnight. here's the bottom line. we can be riveted and saddened by what's going on in washington or angry, the refusal of all politicians to rise above their milieu or we can be constructive and search for the opportunities that are right there in front of us, in m
exchange. the u.s. marine corps providing toys for less fortunate children for the holiday season. another good cause there. stocks opening up for the first day after the christmas holiday. most major stock markets around the world were closed for christmas, and for the day after christm christmas. china, five-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right no
legislation he's sponsoring which will allow more highly skilled immigrants the u.s. that's live at 7:00 p.m. eastern on c-span. >> i think riders institute is something that's important within the culture. we are a culture of words of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page of writing but i think that there is no other art form so readily accessible other than perhaps film. but there is something in literature that cap chures the hunal spirit. >> this weekend join book tv as we look tpwhind scenes at the literary life of new york's capital city albany. >> senators from new york and new jersey say hurricane sandy caused $5 billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first time in its 78-year histo
to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and in terms of making a nuclear war head signal enough to fit on the end of that missile. but the real danger is what it may do with this technology in terms of giving it over to other nations. >> chris lawrence, thank you. >>> john berman with other stories making news. >>> the united states officially recognizing syria's opposition coalition as the representative of the syrian people. it's just a show of support. it is does not mean
, the taliban is taking responsibility for a suicide bm attack outside of a u.s. military base. no americans died in the attack and officials say the bombers vehicle exploded. the bomber did not get inside the base. >> the world's longest high-speed railroad is now running in china. the first train left beijing this morning. it runs more than 1400 miles, about the distance from boston to miami. it used to take 20 hours, and now it will take 8 with the train hitting speeds of 200 miles per hour and more. the tickets go up to $470 for the vip round. they want to build a grid of trains by 2020. >>> the "new york times" says jerusalem will look at restrictions of what women can wear when they pray. >>> "usa today" says that more than 170 fridayers could be set free. they must be released or resentenced because they didn't commit a federal crime or were sentenced far longer than the law allows. >>> the health care sector is vulnerable to hackers. hospital commutersputers and medical divisions have holes that could cause hackers to get patient's information. >>> obesity may
the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsen
in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think the world has more possibility that your pen might change course as far as monitoring fiscal policy after the elections. but the japanese realize when you play with fire, you might end up burning down the house. jgb's nine times tier one capital, if they're not careful, they can trigger a run on jgb and the house base comes tumbling down. so i think actually the next government is tokyo will be a lot more cautious. i think the market is -- >> so we can get another huge disappointment. so everyone thinks the dollar/yen is finally going to go up, you can make money on the yen short and on the nike long and in a couple months, we realize that's not going to be the case? >> no. i think much more important for japan is the outcome of the fiscal cliff resolution. i think if the fiscal cliff resolution tushs out to be more, i think the yen will be one of the best performing currencies in the
growing criticism over the last several weeks because of the way that she portrayed the u.s. consulate in benghazi. she blamed an angry mob, not a terrorist attack by al qaeda. rice has said that she was working off of information she had at the time, but republicans largely led by senator john mccain have accused her of misleading the american people and said because of that, they wouldn't support her nomination. it was that pushback that led her to give a letter to the president saying that she did not wish to be considered. she said she believed the confirmation process would be long, lengthy and disruptive and just not worth it to the country at this time. president obama did accept that decision, and then said that he regretted it but also said that it spoke to her character. she will likely continue to work close w closely with the president, either as his u.n. ambassador or as his security adviser. he will likely now nominate senator john kerry. larry? >> many thanks. on top of the susan rice story, we are also learning tonight that retired nebraska republican senator chuck hage
. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of the year. that is just silly, if you think about it. if we all know the answers, why do we have to wait until the new year. thank you very much. good to see you. dagen: as the nation waits on washington, what is really going on behind the scenes? brett fair on the timeline for a deal in d.c. the mississipp
enough time discussing ways to help them assimilate into civilian life. as the son of a u.s. air force veteran who spent 31 years in the air force, i'm acutely aware, as coul kay is, that it t just those that wear the uniform that serve, but their families as well. many returning vets and their families encounter a whole range of social and economic hardships that can be hard to overcome. most notably, the unemployment rate among our returning vets from afghanistan and iraq is significantly higher than for the general population, something i know kay has worked on extensively. she's also worked to get our veterans the medical assistance, the job training and the financial support they need. indeed, i don't know of any senator that's done more to help america's heroes adjust to life after the military. that's just one of the reasons why she will be sorely missed. here's another reason, though: kay has fought time and time again to promote tax relief for hardworking texas families. in thehooin the mid-1990's, shed create the so-called homemaker ira to make sure that stay-at-home moms and
's been a gang buster year for the markets. unfortunately, the average u.s. investor out there has largely been on the sidelines. money in bonds, money into money market funds continuing to flow in the month of november. unfortunately, even as we do see a very, very good year for the stock market, not many investors are really taking part in this. >> i think we saw finally an outflow for bond funds in well over a year last week. that has been a rarity. we've warned many of our viewers, be careful of the duration risk. we're going into another year where many people are at least saying, okay, is the rally over? the 30-year rally in bonds, is it over? if it is, what is it going to mean? we've had people saying that the last three years. everybody's best trade was to short the long bond. it ended up being one of the worst trades you could make the last couple of years. >> in terms of being careful, speaking of being careful, today will be light volume, shortened session, but light volume. who knows what that could lead to. if you wanted bury bad news, christmas eve is the perfect day to do it
in. where they're in a fundamental mistakes that the u.s. president made? >> you know, i think on the management of this issue like i said we almost ran into a couple of issues here. but we kept it on the road. i have to say, because you know i think about the last 20 years, 30 years of u.s. foreign-policy, in particular in the last 10 years. i to call it the disciplining impact of working within the alliance. we were genuinely, because this was an alliance, both on the negotiating side because in order to deploy in these countries, government suppression had to take ownership for the negotiation. they weren't going to be sitting at the negotiating table but there was a group that nato called a special consulted the group that enabled these people to go back, the governments in question and say you are part of this process. we are not we are not going to let those americans do these things and i have to tell you there were so many people in the reagan administration that were unhappy hearing the state department arguments over and over again. we can do that because it will disr
to undo the cliff? the rating agencies, they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that the agencies are ridiculous. when our credit rating got downgraded last summer, well, bonds went up in price and down in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are? and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go higher and no one will care, for now. but he told us that's not going to happen, and he got re-elected. why doesn't the president get off the higher tax thing? what does it matter? it doesn't raise a lot of money. why didn't he just say that we're taking the social security to 68, cutting the military budget. the democrats will be committing political suicide and the republicans. that's why i was hoping that congress would rise above and figure out a more reasonable way to spend less and take in more money over time and get the budget deficit under con
people have to talk about the fact that essentially all these attacks in both the u.s. and europe are currently where guns are banned. >> we appreciate your perspective tonight. >> in the wake of friday's shooting in newtown, will the gun history face legal troubles like the tobacco companies did one time? mary thompson tackles that area. good evening, mary. >> good evening, joe. given the ongoing investigation into the rampage that killed 20 children and 6 adults, it's premature to say what legal action might be taken. when and if it is, it won't be an easy task. the 2005 protection of lawful commerce and arms acts pro secretaries manufacturerss are distributors and dealers from liability if others their probably. this makes it virtually impossible to seek damages from the gun history. another option is suing if the dealer was founding to negligent in selling the gun and if there are signs of negligence in the gunies design. you could argue that added safety features are needed. a feature like say an authorization technology in a would prevent someone from being used by someone o
>>> you're looking at a very familiar picture that is a live picture of the u.s. capitol. why? because we are moments away from the u.s. senate right there convening for a rare sunday session. we are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we general
believe are in the u.s. big -- cap with big brand names with great fundamentals, and they are right here in the u.s.? make that the last word. the bell is ringing. maria will pick up the second half of the "closing bell" in just a moment. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. today fading optimism about a deal to avoid the fiscal cliff weighed on stocks. here's how we're finishing on wall street close to the lows of the day with a decline of the dow jones industrial average of 98 points at 13,252. once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc contributor from western destination and steven hammers from the emp fund and our
investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun control advocates talk about great laws in gun ownership if great britain. there's only one problem, they don't work. they seem to have made things even worse. we'll talk more about that and it happens to
targeting a u.s. military base in afghanistan. we'll have the latest. a live report. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. gregg: an extreme weather alert. a massive winter storm moving north, setting up, well, a huge holiday travel nightmare. 600 flights canceled yesterday. some 5,000 delayed and nearly another 600 impact
. no prescription needed. wiesel t axelrod: there continue to be encouraging signs that the u.s. eausing market is recovering. government figures for november show the construction on new homes was up 21.6% from a year ago. in california, you may be surprised at who is buying. here's ben tracy. >> reporter: this is the busy time of year for you guys. >> absolutely. this is when all the grapes come ns. >> reporter: scott meadows runs salinas vineyards in california's napa valley. there's a good reason he put that american bald eagle on the , ttle. it seems kind of nationalistic. >> it does, doesn't it? that was a specific request from our owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending
the u.s. army is getting rid of soldiers, dismissing them because they don't meet fitness standards. obesity is a rising concern in the armed forces, has even been cited by military officials as a national security concern. between 1998 and 2010, the number of active duty military personnel characterized as overweight or obese has more than tripled and now the leading cause of ineligibility for people who want to join the army, according to military officials. want to know what the healthiest states are? >> i want to know how to live longer. the u.s. today says sitting on the set of a show is not the way. >> sitting too much or in snow too much. unless you live in vermont, massachusetts, connecticut or utah. >> unhealthiest, alabama. >> will die. >> south korea, west virginia, arkansas, louisiana, mississippi. >> what all those states have in common. north carolina. i see no trend. h i was in the land of -- let's do the news. >> i just was, actually. >> two sides of the story. >> okay. fine, thank you, rattner, thank you, willie. >> look at this! >> neighbor american cities. >> look
the great recession with flying colors. about 30% of the dealers in the u.s. went under during the recession. isn't that extraordinary? but brunz week's dealer remained flat. they held in much better than the competition. they used the economic weakness to take share. plus the company took out $450 million in fixed costs during the downturn to come out even stronger than ever. that's the brunswick we're dealing with today. second, if higher taxes going forward mean there's slightly less demand for motorboats and fishing boats, you know what? i think that could be more than offset by the additional demand created by all those boats that sandy damaged or destroyed. and even before sandy, things were getting better for brunswick. over the last decade, the age of the average powerboat in the water has gone from 15 years old to 21 years old. wow! i thought cars at 11 years was a lot. that means there's a ton of pent-up replacement demand. we saw the same thing happen in the automobile market where the average car on the road got so old that it has led to a new surge. that's what that $15 million
dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency trading. >> that's a good point
. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back. if today's market action is any suggestion of what's to come, where do you put your money now? >> where do you put your money in the final five trading days of the year? >> w
. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the weakest holiday season since 2008 hurt by bad weather and more uncertainty about the rising tax increases that could come next year. we're wondering if the concerns will continue to keep shoppers from spending into 2013. >> let's ask our guests. ladies, thanks so much for having us. i nearly said thank you for having us. thanking you for coming on the show. stacy, here we are day in and day out on the financial news talking about the fiscal cliff, economists talk about the fiscal cliff and politicians talk about the fiscal cliff. we're wondering whether mom
looked out the day she said i think there is something when he was shown the design of the u.s.s. monitor because didn't get a ride in the nick of time to create the most famous naval engagement of the war? but i want to go beyond that because we have spent time in our time here at the historical society talking about that epic battle, that epic duel 150 years ago. but, he famously said it was the end of the wooden navy and the walls would fall after that, and then the guy that both of you right so much about in your books, and i think you both like camelot, not young or glamorous in his adventures. tell me what impresses you the most about the surrogate and then each of you has to tell me whether she really said it or he didn't say it. [laughter] >> the thing about surrogate, there are several things and i will start with a whole question of loyalty. one of the problems in 1861 when the war began as the officers enlisted them for that matter but in particular they had to decide whether loyalty laid. whether it was with the state or the national government and one clear difference in the
rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what th
approval for a ban on such adoptions, seen as payback for a recently signed u.s. law imposing travel and financial restrictions on human rights abusers in russia. >>> there are six days left until the u.s. crosses over the so-called fiscal cliff. in case washington doesn't make a deal we're doing our best to get you ready. every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your retirement. today we'll focus on your portfolio. ryan mack joins me via skype from detroit. >> good morning to you, how are you doing today? >> i'm good. you've got some advice for people to manage their portfolios, let's start with the first step you need to review your asset classes. >> there's a study in the '80s simply says over 95% of your portfolio return will determine exactly how you choose the mixture of stocks and other investments you have in your portfolio. with the assistance of a qualified adviser making sure you have the right mixture of stocks can be ever so crucial especially during the
this year, when the state of florida sued the u.s. government for court determination of the preclearance under the voting rights act of 1965, preclearance of five counties, for discrimination, and further, sued the u.s. government by questioning the constitutionality of the 1965 voting rights act. in the discovery for that case, the testimony was taken of this former general counsel of the florida republican party. and what i would like you to know is this key individual who, with your permission, with the committee's permission i'd like to insert those documents in the record -- that his testimony, given in april, mr. mitchell said, and it's in the sworn testimony, that he was asked to draft the original version of the legislation that became the law. he was asked to drafted by republican party leaders, specifically after consultations with andy palmer, then the executive director of the florida gop, frank, head of the gop state house campaigns, and joel springer, head of the state senate, republican campaigns. and in early talks with executive director of the florida gop. and with this
's today's close with this. gift card in the u.s. are so lop lar that if you lied the cars sold last year ent to ent, they would total just how much? we'll tell you nicks. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by b
did today for my travel trust. we judge the u.s. economy to be strong. strong enough to survive a fall on a trampoline or deep pool. we think housing, autos, anything china related can be bought right here using weakness as an opportunity to buy and not sell as we work toward a deal. keep in mind that it might take until the super bowl when everyone by then would have seen the truncated paychecks and got to get a deal then. give them the failure of the government to rise up to a compromise on the cliff so far. you would expect a bigger sell-off today unless of course you recognize that a compromise is more easily reached in 2013 than 2012 and maybe a stopgap. if we wake for a kick the can deal, what's the point of selling? it's better to be a buyer instead of seller. compromise is far more likely than not despite last night's shenanigans. jack in florida, jack? >> caller: i read your book. i enjoyed it very much. >> thank you. >> caller: i'm following a sector rotation strategy with some of my investments. currently in the material sector. and hoping to catch more of the housing uprise
Search Results 0 to 49 of about 67 (some duplicates have been removed)